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To: NonValueAdded
"The Federal system will be thrice the size of the current IRS when legislators start with differential rates once the "fair tax" framework is in place."

Whyever would that be so????

15 posted on 06/10/2005 10:27:03 AM PDT by Wonder Warthog (The Hog of Steel)
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To: Wonder Warthog
Whyever would that be so????

Just look at what is happening in Florida right at this very minute. Specific items are exempt from taxation for a certain period of time. This week it is Hurricane supplies. Right before school starts it is clothing. Noble things for a benevolent state to do, right? Well, look closer at the list of things and you will see the complexity involved of "this item good (exempt)" "that item bad (non-exempt)." But that is a non-tax, you say. Sure, but look at the infrastructure at every cash register necessary to implement it. Can't you see how easy it would be for a group to decide that if you can exempt an item, you can also impose a variable rate? Piece of cake! The idea of classifying commodities for tax purposes isn't new at all. It only takes the will to implement guberment policy to start deciding how to use the tax code to influence individual behavior. Right now it is a pretty blunt instrument but the "fair tax" will turn it into a laser scalpel in comparison.

24 posted on 06/10/2005 10:40:05 AM PDT by NonValueAdded (NEWSWEEK LIED, PEOPLE DIED)
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